जीएसटी काउंसिल ने 22 सितंबर 2025 से कई वस्तुओं पर दरें घटाईं। जानें कौन सी चीजें सस्ती होंगी और इस लाभ को उपभोक्ताओं तक पहुँचाने की चुनौतियाँ।
Allahabad High Court rules that a buyer’s input tax credit cannot be denied if the seller’s registration is cancelled later, without proof of the buyer’s fraud.
The Institute of Chartered Accountants of India has extended the deadline for the Multipurpose Empanelment Form (MEF) to October 10, 2025.
Understand the implications of India’s new GST rate changes on export refunds. Learn about the challenges faced by exporters, including stuck Input Tax Credit and slow refund processes.
The Allahabad High Court ruled in favor of Opasil Pigments and Chemicals, quashing a unilateral decision by tax authorities to recall an order that had previously set aside a penalty.
Learn about the process of rectifying income tax return errors under Section 154. This includes what qualifies as a “mistake apparent from the record” and the relevant timelines.
Taxpayers and CAs request an extension of the September 30 tax audit deadline and a waiver of advance tax interest, citing portal glitches, floods, and festive season challenges.
Learn about filing a revised income tax return under Section 139(5) to correct mistakes. Understand the deadlines, scope of revisions, and legal implications.
CBDT allows waiver of interest where 87A rebate was initially granted but later disallowed via CPC rectification. Taxpayers must clear such 87A-related demands by 31.12.2025 to avail the relief.
ITAT emphasized that section 69C applies only to unexplained or unrecorded expenditure; recorded educational expenses cannot be arbitrarily disallowed.